- ISIN
- US13161P7978
- CUSIP
- 13161P797
- Inception Date
- Sep 29, 2008
- Category
- Energy Equities
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CFWAX Performance Chart
Calvert Global Water Fund (CFWAX) is up 5.7% since the beginning of the year. CFWAX is currently trading at $31 per share. Investors who bought $1,000 worth of CFWAX shares 5 years ago would now be looking at an investment worth $1,328.
Loading charts...
Returns By Period
Calvert Global Water Fund (CFWAX) has returned 5.66% so far this year and 12.95% over the past 12 months. Over the last ten years, CFWAX has returned 8.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Calvert Global Water Fund
- 1D
- 1.02%
- 1M
- 2.26%
- YTD
- 5.66%
- 6M
- 4.97%
- 1Y
- 12.95%
- 3Y*
- 9.56%
- 5Y*
- 5.83%
- 10Y*
- 8.63%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CFWAX Monthly Returns History
Based on dividend-adjusted daily data since Sep 30, 2008, CFWAX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2009 with a return of +14.1%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 6 months.
On a daily basis, CFWAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -11.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.24% | 4.49% | -9.17% | 4.83% | -1.69% | 1.68% | 5.66% | ||||||
| 2025 | 2.10% | -0.81% | -1.07% | 3.29% | 3.25% | 3.22% | -0.10% | 3.67% | 0.75% | -0.52% | 1.11% | -1.19% | 14.38% |
| 2024 | -3.92% | 4.63% | 3.08% | -3.68% | 4.49% | -2.80% | 6.32% | 2.15% | 4.07% | -5.96% | 2.54% | -5.97% | 3.91% |
| 2023 | 8.66% | -2.23% | 1.47% | 0.08% | -1.71% | 5.81% | 2.63% | -3.71% | -7.18% | -3.43% | 10.90% | 7.37% | 18.34% |
| 2022 | -7.87% | -2.72% | -0.07% | -7.48% | -0.00% | -7.65% | 9.22% | -5.33% | -9.86% | 7.98% | 8.83% | -4.10% | -19.63% |
| 2021 | -0.95% | 3.11% | 4.33% | 4.34% | 1.49% | -0.35% | 3.34% | 3.20% | -5.76% | 4.37% | -1.27% | 5.29% | 22.59% |
Benchmark Metrics
Calvert Global Water Fund has an annualized alpha of -1.88%, beta of 0.87, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since September 30, 2008.
- This fund participated in 104.86% of S&P 500 Index downside but only 89.13% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.87 and R2 of 0.80, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.88%
- Beta
- 0.87
- R²
- 0.80
- Upside Capture
- 89.13%
- Downside Capture
- 104.86%
Expense Ratio
CFWAX has a high expense ratio of 1.24%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CFWAX ranks 11 for risk / return — in the bottom 11% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Calvert Global Water Fund (CFWAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CFWAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.37 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 2.78 | -1.81 |
| Martin ratioReturn relative to average drawdown | 2.75 | 12.44 | -9.69 |
Dividends
Dividend History
Calvert Global Water Fund provided a 4.52% dividend yield over the last twelve months, with an annual payout of $1.39 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.39 | $1.39 | $2.47 | $0.72 | $0.36 | $0.28 | $0.19 | $0.19 | $0.23 | $0.19 | $0.00 | $0.00 |
Dividend yield | 4.52% | 4.77% | 9.25% | 2.57% | 1.47% | 0.93% | 0.77% | 0.83% | 1.30% | 0.93% | 0.00% | 0.03% |
Monthly Dividends
The table displays the monthly dividend distributions for Calvert Global Water Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.39 | $1.39 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.47 | $2.47 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.72 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Calvert Global Water Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Calvert Global Water Fund was 39.67%, occurring on Mar 9, 2009. Recovery took 133 trading sessions.
The current Calvert Global Water Fund drawdown is 5.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -39.67%Mar 2009 | 5mo 7d | 6mo 11d | 11mo 18dOct 2008 - Sep 2009 |
COVID crash2020 | -36.25%Mar 2020 | 1mo 9d | 6mo 23d | 8mo 2dFeb 2020 - Oct 2020 |
2016 bear market2016 | -30.61%Jan 2016 | 1y 7mo | 1y 8mo | 3y 3moJun 2014 - Sep 2017 |
Bear market2022 | -29.17%Oct 2022 | 9mo 14d | 1y 6mo | 2y 4moJan 2022 - May 2024 |
2011 bear market2011 | -21.30%Oct 2011 | 5mo 4d | 10mo 19d | 1y 3moMay 2011 - Aug 2012 |
Drawdown Indicators
| CFWAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.67% | -56.78% | +17.11% |
Max Drawdown (1Y)Largest decline over 1 year | -12.79% | -9.10% | -3.69% |
Max Drawdown (3Y)Largest decline over 3 years | -17.64% | -18.90% | +1.26% |
Max Drawdown (5Y)Largest decline over 5 years | -29.17% | -25.43% | -3.74% |
Max Drawdown (10Y)Largest decline over 10 years | -36.25% | -33.92% | -2.33% |
Current DrawdownCurrent decline from peak | -5.69% | -1.80% | -3.89% |
Average DrawdownAverage peak-to-trough decline | -7.96% | -10.71% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 2.03% | +2.50% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with CFWAX
Add Calvert Global Water Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CFWAX